The model, updated with the March 2020 rate of 4.4%, does now signal a recession. A reliable source for recession forecasting is the unemployment rate, which can provide signals for the beginning and end of recessions (Appendix B charts the UER recession indicator for the period 1948 to 2015...
But the employment numbers had remained fairly decent up until now. Employment is typically considered to be a “lagging indicator”, which means that it isn’t one of the first places we would expect to see signs of a recession show up. However, it is inevitable that the official unemploy...
The so-called debt-to-GDP ratio is an important indicator of a country’s ability to pay back its debts without incurring further debt. Read more Greece: Unemployment rate from 1999 to 2023 Unemployment rate11.85%11.85%11.25%11.25%10.46%10.46%9.98%9.98%9.41%9.41%10.31%10.31%9.99%9.99%9.01...
The number of initial claims for unemployment insurance, a frequent and timely measure of current labor market conditions, has continued to decline Since the end of September, the four-week 400,000 claims, the number that many consider an indicator of recession. The total unemployment rate has ...
The unemployment rate is alagging indicator. This means it measures theeffectof economic events, such as a recession. The unemployment rate doesn't rise until after a recession has already started. It also means the unemployment rate will continue to rise even after the economy has started to ...
e.g. ...an area that had the highest unemployment rate in western Europe... 西欧失业率最高的地区 e.g. Unemployment is so damaging both to individuals and to communities. 失业对个人和社会都有极大的负面影响。 unemployment 单语例句 1. She said the government should act to resolve the unempl...
Why the Unemployment Rate Decreases and Increases from Chapter 6 / Lesson 2 60K Unemployment rates are an important indicator of the economy. This lesson will explore what defines unemployment, why unemployment rates change, the way unemployment is calculated,...
Why the Unemployment Rate Decreases and Increases from Chapter 6 / Lesson 2 60K Unemployment rates are an important indicator of the economy. This lesson will explore what defines unemployment, why unemployment rates change, the way une...
While unemployment is an important recession indicator, it’s also important to remember that unemployment usually peaks long after the recession has begun and can last well intorecovery. That’s because the NBER (and others) say a recession is over when the economiccontractionhits bottom and star...
The view from a lucky country: explaining the localised unemployment impacts of the Great Recession in Canada The article assesses the impact of the Great Recession on 83 Canadian regions, focussing on the unemployment rate as principal indicator. A dual empirical ... Dube, Jean,Polese, Mario -...